Jinse Finance reported that cryptocurrency analyst TXMC pointed out that despite the decline in Bitcoin's price, the Vitality Activity Index continues to rise, indicating a bottom in spot demand and suggesting that the bull market cycle may not be over yet. This index reflects the long-term trend of on-chain Bitcoin activity and shows the inflow of new venture capital.
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Jinse Finance reported that cryptocurrency analyst TXMC pointed out that despite the decline in Bitcoin's price, the Vitality Activity Index continues to rise, indicating a bottom in spot demand and suggesting that the bull market cycle may not be over yet. This index reflects the long-term trend of on-chain Bitcoin activity and shows the inflow of new venture capital.